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Sberbank Upgrades VBI´s Headquarter in Vienna
After the acquisition of the Austrian VBI, the Russian bank wants to expand massively in Europe.

Last week, the acquisition of VBI, the former holding company for Eastern Europe held by VBAG, was closed. The Russian Sberbank purchases VBI for € 505m. Thus, Sberbank got access to EU member countries.
The Vice-Chief Executive Officer, Sergey Gorkov explained his expansion plans to the Austrian newspaper „Kurier“. Gorkov emphasized that the headquarters will remain in…
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